Monday, February 28, 2011

Marc Faber: "I Think We Are All Doomed"

http://www.zerohedge.com/article/marc-faber-i-think-we-are-all-doomed?
"I think we are all doomed. I think what will happen is that we are in the midst of a kind of a crack-up boom that is not sustainable, that eventually the economy will deteriorate, that there will be more money-printing, and then you have inflation, and a poor economy, an extreme form of stagflation, and, eventually, in that situation, countries go to war, and, as a whole, derivatives, the market, and everything will collapse, and like a computer when it crashes, you will have to reboot it."

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